https://www.financialexpress.com/money/wrong-pan-rs-1-46-cr-tax-notice-how-a-mumbai-man-earning-rs-3500-fought-back-at-itat-4360271 An income-tax notice can have serious financial consequences for a taxpayer, particularly when the Income Tax Department reopens an old assessment and makes additions
Senior citizen gets income tax notice over Rs 65.27 lakh cash deposit in bank account; his son proves source of funds and wins case in ITAT Jaipur
Read more at:https://economictimes.indiatimes.com/wealth/tax/senior-citizen-gets-income-tax-notice-over-rs-65-27-lakh-cash-deposit-in-bank-account-his-son-proves-source-of-funds-and-wins-case-in-itat-jaipur/articleshow/134915017.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Mr Ram Singh, a senior citizen, received an income tax notice for an alleged unexplained cash deposit of Rs 65.27 lakh in
*****How much gold and silver jewellery can you have in your home without getting into trouble with the Income Tax authorities?
Read more at:https://economictimes.indiatimes.com/wealth/tax/how-much-gold-and-silver-jewellery-can-you-have-in-your-home-without-getting-into-trouble-with-the-income-tax-authorities/articleshow/134915513.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Recently, there was a case in the ITAT Mumbai where the Income Tax Department conducted a search operation in a lady’s residential
Mere Filing of Reply Does Not Satisfy Personal Hearing Requirement u/s 148A When Hearing is Specifically Sought: Rajasthan HC https://www.taxscan.in/income-tax/mere-filing-of-reply-does-not-satisfy-personal-hearing-requirement-us-148a-when-hearing-is-specifically-sought-rajasthan-hc
Assessee who specifically seeks a personal hearing before a Section 148 reassessment decision cannot be denied that opportunity merely because a detailed written reply has
Amendment made to Repealed Act is Unsustainable: AP HC Declares Section 147A of Income Tax Act Unconstitutional https://www.taxscan.in/income-tax/amendment-made-to-repealed-act-is-unsustainable-ap-hc-declares-section-147a-of-income-tax-act-unconstitutional-read-judgment
https://www.taxscan.in/income-tax/amendment-made-to-repealed-act-is-unsustainable-ap-hc-declares-section-147a-of-income-tax-act-unconstitutional-read-judgment In a major ruling, the Andhra Pradesh High Court declared Section 147A of the Income Tax Act, 1961 as unconstitutional, thereby ruling that an
Search-Linked S.148 Notice for AY 2015-16 Issued in March 2026, beyond 10 years Limit: Delhi HC quashes Notice https://www.taxscan.in/income-tax/search-linked-s148-notice-for-ay-2015-16-issued-in-march-2026-beyond-10-years-limit-delhi-hc-quashes-notice-read-order
A reassessment notice cannot travel beyond the outer limitation period under Section 149 even where the alleged escaped income exceeds Rs. 50 lakh The Delhi
Income tax penalty waiver: CBDT revises Form 161 to cover misreporting cases; check rules
An income tax penalty can run into a substantial amount, especially in cases involving misreporting of income. But taxpayers may have a way to seek
*****Go slow on rate hikes: Make capital accessible and affordable to drive investment and job creation
Read more at:https://economictimes.indiatimes.com/opinion/et-commentary/go-slow-on-rate-hikes-make-capital-accessible-and-affordable-to-drive-investment-and-job-creation/articleshow/134876023.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst We have entered a golden age of Indian entrepreneurship. The number of active companies has risen by more than half a million
Reassessment Without Seven Clear Days Invalid; Section 263 Revision Quashed by ITAT Ranchi
Read more at: https://taxguru.in/income-tax/reassessment-without-clear-days-invalid-section-263-revision-quashed-itat-ranchi.html?utm_source=follow.it Copyright © Taxguru.in he Ranchi Bench of the Income Tax Appellate Tribunal allowed the appeal of Agarwal Metcom Private Limited for
*******सुजाता रायकर यांच्याबद्दल लोकसत्ता मध्ये ” लोकसत्ता दुर्गा ” या सदरात आलेली माहिती –[१] आज देशात सुमारे पाच कोटी लोक ” थॅलेसेमिया मायनर ” आहेत आणि एक ते दीड कोटी ” थॅलेसेमिया मेजर ” आहेत . यात दरवर्षी सुमारे १५००० बालकांची भर पडते. [२] गुजरातमधून ” कॉम्पुटर सायन्स अँड अँप्लिकेशन्स ” मध्ये पदव्यूत्तर शिक्षण पूर्ण केल्यानंतर लग्न होऊन सुजाता मुंबईत आल्या आणि २००८ पासून त्यांनी अशा बालरुग्णांसाठी काम करण्यास सुरुवात केली [३] सुजाता आज तब्बल २८० बालरुग्णांच्या आई आहेत. -त्यांच्यासाठी त्या आई आहेतच –संपूर्ण आयुष्यभर औषध उपचाराची जबाबदारी घेतातच पण प्रसंगी शाळेची फी –महिन्याचा शिधा –त्यांना नोकरी मिळवून देण्यासाठी प्रयत्न करणे अशा सगळ्याच गोष्टी त्या पार पाडतात. [४] या आजाराबद्दल जागृती निर्माण करण्याचे काम त्या अविरतपणे करत आहेत. -त्यांनी गेल्या १८ वर्षात ३० लाखाहून अधिक लोकांना शिक्षित केले आहे. [ ५] त्यांचा सत्कार महाराष्ट्राचे तत्कालीन राज्यपाल श्री रमेश बैस — प्रसिद्ध समाजसेवक अण्णा हजारे यांच्या हस्ते झाला आहे.– बातमी सौजन्य लोकसत्ता
सुजाता रायकर यांच्याबद्दल लोकसत्ता मध्ये ” लोकसत्ता दुर्गा ” या सदरात आलेली माहिती –[१] आज देशात सुमारे पाच कोटी लोक ” थॅलेसेमिया मायनर ” आहेत
